61-35-31. Refunding bonds authorized by resolution - Adoption - Taking effect

61-35-31. Refunding bonds authorized by resolution - Adoption - Taking effect Refunding bonds must be authorized by resolution of the board. The resolution may be adopted at a regular or special meeting, including the meeting at which it is introduced, by the affirmative vote of a majority of the members of the board, and takes effect immediately upon adoption. Other proceedings or procedure are not required for the issuance of refunding bonds by the district.